STORY OF THE DAY
Property players in CEE face more expensive financing terms

Story of the week

News Property players in CEE face more expensive financing terms
30
Sep
2022

Property players in CEE face more expensive financing terms

by Property Forum
Although financing has become more expensive for real estate companies in the past 12 months, transactions are still being carried out, pointed out speakers in the financing strategies panel of CEE Property Forum 2022 in Vienna.
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Residential

News Austria brownfield Czech Republic development investment Prague residential UBM Development
30
Sep
2022

UBM plans 150 flats in Prague brownfield project

by Property Forum
A neglected plot of land in Prague 5 has now been newly acquired for billions of crowns by Austrian developer UBM. It plans to build 150 flats there. It wants to start building next year, but the project is still in the planning process. The developer has not disclosed the purchase price, the seller or the details of the construction, writes E15.cz. 
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Impact delivers apartments in northern Bucharest Land for over 30,000 apartments secured in Bucharest Prime Kapital secures building permits for apartments in Iași

Industrial

News Ana Dumitrache Bucharest Clubhaus CTP CTPark Bucharest West Romania
30
Sep
2022

CTP gets BREEAM Outstanding for Clubhaus in CTPark Bucharest West

by Property Forum
Industrial developer CTP has obtained the first BREEAM Outstanding certification in its Romanian portfolio for the Clubhaus multifunctional space, part of CTPark Bucharest West. 
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Panattoni delivers 10,000 sqm BTS for Solaris IIProp to build warehouse park near Warsaw Accolade completes its largest park in Poland

Investment

News DL Invest financing logistics Macquarie Poland warehouse
30
Sep
2022

DL Invest Group gets €123 million from Macquarie CPF

by Property Forum
Macquarie Capital Principal Finance (Macquarie) has provided €123.4 million in the form of a senior secured loan to DL Invest Group. The three-year facility will be funded using capital from Macquarie’s balance sheet. 
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Wood & Company takes larger stake in Bratislava's Aupark Immofinanz to sell Hungarian office portfolio to S Immo Infogroup buys half of ibis Styles hotel in Budapest

Report

News Expo Real reconstruction Ukraine war in Ukraine
30
Sep
2022

Ukrainian stand to be a highlight of Expo Real

by Property Forum
In 2022, Ukraine will participate in Expo Real for the first time. The event will host a pavilion with an area of ​​132 sqm dedicated to Rebuilding Ukraine. The organizing partner of the stand is Invest in Projects, a global promoter of the Ukrainian real estate industry.
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Echo reports strong financial results for H1v2022 Poland and Romania are coming out as winners Czech market reports more records in 2022

Office

News Budapest Futureal Hungary office
29
Sep
2022

Budapest ONE office complex gets licence to use 

by Property Forum
All three phases of the Budapest ONE office complex have been given an official permit, Hungarian developer Futureal informed.  
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Hybrid working is here to stay S Immo makes new green investment in Budapest Liebrecht & wooD to build another mixed-use project in Warsaw

Hotel

News Atenor Ennismore hotel Poland Warsaw
28
Sep
2022

Atenor & Ennismore to open new hotel in Warsaw

by Property Forum
Atenor and Ennismore have announced the signing of a new TRIBE hotel within the FORT 7 project near Warsaw Chopin Airport. 
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Six new hotels expected in Bucharest by 2023 Radisson Red hotel opens in Gdańsk IHG to operate Athénée Palace hotel in Bucharest from 2023

Retail

News convenience store Poland retail Walter Herz
28
Sep
2022

Retail is going local in Poland

by Property Forum
Retail parks are growing in smaller Polish towns, mixed-use facilities and new residential estates provide commercial space in large cities, says Walter Herz.
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Immofinananz opens Stop Shop in Zielona Góra Scallier opens fourth retail park in Romania Planned retail parks in Romania exceed 500,000 sqm

Career

News career CPI Property Group Immofinanz myhive Poland
28
Sep
2022

Magdalena Kowalewska joins CPIPG Polska as COO

by Property Forum
Magdalena Kowalewska joined CPI Property Group (CPIPG) Polska, taking the position of Chief Operations Officer.
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Hagag Development Europe names new CEO Michał Białas joins 7R as Head of Business Development CTP appoints new Head of Investor Relations

Interview

News energy ESG Gránit Pólus Hungary interview retail
27
Sep
2022

Energy-related investments became a first priority for landlords

by Property Forum
Managing retail assets was never an easy job. As the energy crisis is no longer a future problem and the recession seems inevitable, firms involved face huge challenges and have to rethink their strategy and short-term steps to survive. Property Forum asked Miklós Gyertyánfy, Chief Operating Officer at Hungary-based landlord Gránit Pólus Management Zrt. about their way to tackle those challenges.
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The future of the office lies in the premium segment ESG and quality to drive property investments in Europe The market is still going through an ESG learning curve

Economy

News ECB economy inflation interest rates report
21
Jul
2022

ECB raises interest rates for the first time in 11 years

by Property Forum
Today, the Governing Council of the European Central Bank decided to raise the three key ECB interest rates by 50 basis points and approved the Transmission Protection Instrument (TPI) in an effort to make sure inflation returns to its 2% target over the medium term.
Read more >
EIB presents new funding tool to support rebuilding Ukraine Hungary's central bank acts as housing market overheats

New leases

  • Two new tenants have joined Galeria Echo in Kielce, owned by EPP. Dealz chain shop has leased a unit of nearly 580 sqm. The retail space of the Carrefour hypermarket is more than 4,500 sqm.
  • A Rossmann chain outlet has opened in the TGG shopping centre in Wrocław. The new chemist's shop took up over 600 sqm next to the grocery shop. In September, the second TGG site, the Astra shopping centre in Wrocław, will in turn see the opening of a Pepco chain shop.
  • InPost has opened a second logistics centre in Łódź. Ultimately, almost 300 people will find work in the 8,500 sqm facility. InPost's logistics centre, located in the vicinity of the A1 Central Logistics Hub motorway, occupies 7.5 thousand sqm of warehouse space and 1 thousand sqm of office space.

New appointments

  • Agnieszka Boroń has joined Equilis Poland to take up the post of Development Director. She has worked in the construction and development industry for over 20 years, specialising in residential project management. Prior to joining Equilis Poland, she was programme director at Nexity. Prior to that, she worked in managerial positions at Dom Development.
  • Agnieszka Baczyńska took up the position of Head of Leasing - Retail in CPIPG. She is responsible for the commercialization of retail facilities from the CPIPG portfolio. Baczyńska also manages the leasing of office space on the buildings owned by CPIPG.
  • Ferenc Gondi has been appointed to a new post as Country Head for CTP Hungary. He's been part of CTP's activity for over 5 years.

Latest news




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